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Economics
The latest news, analysis and comment on the UK and global economy.
LATEST ECONOMICS NEWS
Disposable income 'set to fall'
Household disposable incomes will fall in the run-up to Christmas as income growth fails to match inflation.
14 Aug 2010
Turkey is an ancient trade hub with a bright future
Turkey has traditionally been known as the gateway to the East and is typically coupled with the Middle East and Africa in the geographic divisions of many large companies. Yet its economy – the 15th largest in the world – sends half of all its exports to Europe.
14 Aug 2010
UK property value growth slows
Growth in UK commercial property values slowed last month as economic uncertainty proved a drag on the market.
14 Aug 2010
Construction sector could boost second quarter growth
Growth in the British economy in the second quarter may have been stronger than first estimated after the construction sector expanded at the fastest pace in almost 50 years.
13 Aug 2010
Germany economy expands most since reunification
Germany enjoyed an unexpectedly strong second quarter as the economy grew at the fastest pace in 23 years.
13 Aug 2010
British builders raise hopes for stronger growth
UK economic growth between April and June could be revised up to 1.2pc after construction output expanded even faster than expected.
13 Aug 2010
Eurozone economy grows faster than the US
German exports help the economy of the 16 countries that use the euro grow 1pc in the second quarter.
13 Aug 2010
Germany economy grows at fastest pace in two decades
Europe's biggest economy grew 2.2pc in second quarter as a global recovery fed demand for its exports.
13 Aug 2010
Who's next for the UK's economic forecasting hot seat
We look at Sir Alan Budd's possible successors as Office for Budget Responsibility (OBR) chairman.
13 Aug 2010
UK summer sales drive credit card spending
It might be less than a year since the end of the worst recession since the 1930s but consumers seem to have already forgotten the lessons of the credit crisis.
13 Aug 2010
US banks seizing homes at record levels
Repossessions of houses and flats by major US banks is at close to an all-time high as the American housing market continues to struggle.
12 Aug 2010
US jobless claims close to six-month high
America's unemployment situation continues to worsen, with the number of new claimants for out-of-work benefits rising to a near-six month high last week.
12 Aug 2010
Mortgage industry cuts forecast for UK reposessions
The mortgage industry has cut its forecasts for repossessions as the numbers of people losing their properties or in arrears continued to fall.
12 Aug 2010
EURO VS POUND
MORE ECONOMICS
Greek economy shrinks, jobless rate jumps
The Greek economy shrank by 1.5pc in the second quarter and the unemployment rate jumped to 12pc, pointing to a deepening recession as the country battles a debt crisis.
12 Aug 2010
Bank of England boss says it's no more Mr 'NICE' Guy
Recent criticism of the Bank of England's forecasting failures has clearly stung the policymakers on Threadneedle Street.
12 Aug 2010
Homeowners opting for fixed rates as mortgages increase
Demand for fixed-rate loans rose in June on uncertainty over interest rates.
12 Aug 2010
UK at risk of creating a jobless 'lost generation'
The number of young people trapped out of work for two years or more in the UK has jumped by nearly half over the past year despite overall employment beginning to rise, official figures have shown.
12 Aug 2010
Markets suffer triple-digit falls on global economic woes
Global markets haemorrhaged value on jitters over the health of the US, Chinese and UK economies.
12 Aug 2010
Bank of England turns blind eye to elevated inflation
Mervyn King, Governor of the Bank of England, is destined to become arguably the most powerful man in Britain once he adds prudential oversight of credit markets to his existing responsibilities for interest rate setting – and indisputably the most powerful when it comes to matters economic.
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